Management and General Expenses refer to the costs incurred for the overall administration and operation of a business, excluding direct production or sales activities. These expenses encompass salaries of executive staff, office supplies, and utilities. Understanding what are general expenses is crucial for accurate financial reporting and budgeting. They are typically categorized under operating expenses in financial statements.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
